Rising wedge, once the lower trend line is broke a short fall can be expected
Fall wedge broken and as mentioned in our previous post price bounced from the daily trend line, bullish bull
Considering the world's economic condition gold should continue its bull rally after the retest at around 1930 or if the trend is broken it may fall further
gold just broken the falling wedge/ trend, may go high
Just my view on gold, may fall further if the trend is broken
As the low is getting weak, also there is divergence and so a reversal is expected
Gold at the area of confluence, touched the lower trendline, about to break the 4hours resistance area which is CHOCH and inner trend will be broken afterwards but all depends on the news on USD debt ceiling
It looks like a breakout of the resistance zone and pulls back into the zone, can expect a drop
There is a clear rsi divergence in 4h chart and the 1h chart already broken the trend, can we expect a long after the retest
I'm expecting BTC to reach 29000, may go further down if the lower trend is broken
The upper trendline has been touched, now can we expect a freefall
Area of confluence, Trendlines, Demand area, resistance area and EMA all met, say bye and go up